Sree Vijaykumar | From the Editor's Desk Using Google-maps usage data to help untangle city traffic problems seems like an idea that should have already been implemented by now. Technology companies know a lot more about a city's traffic patterns than the city officials trying to solve the problem. The US Department of Transportation has announced a partnership with Sidewalk Labs, a unit of Alphabet (Google's parent) to do exactly this. Indian cities can get some quick gains using such data as well. One can accurately simulate the results of various actions such as adding bus routes or additional lanes during rush hour. The increase in productivity alone could add some basis points to our GDP growth rate - Comment | |
Sree Vijaykumar | From the Editor's Desk Helping others is a good thing. But can it lead to professional success? The short answer is yes; because of the power of relationships, motivation and learning. Sales people who value customer success over their own sales targets tend to lose out in the short run, but win in the longer term because of deeper relationships. Clients tend to return to you when they trust your suggestions. Helping others is motivating and can in itself help you improve your productivity. Helping out when no one else was available helped Kat Cole learn new aspects of the job and move from hostess to waitress to manager, to president of Cinnabon, a company that touched $1 billion in revenues last year. So, the next time someone asks you for help at work... - Comment | |
Sree Vijaykumar | From the Editor's Desk The Concorde failed for a variety of reasons: expensive tickets, sonic booms that nixed overland travel, the slowdown in air travel after Sept. 11. In the years since, the other couple of efforts to build a supersonic commercial jet fizzled, and the conventional aerospace wisdom is that such projects are too expensive and risky. Enter Boom Technology, a Denver based startup that promises to fly you from New York to London in 3.4 hours, at less than business class fare. Using carbon-fibre composite instead of aluminium and advanced software that reduces testing costs, the all-star team (Pratt & Whitney, NASA, Lockheed Martin) might just be able to bring super-sonic travel back - Comment | |
Govt prepares bailout for steel sectorSteel secretary Aruna Sundararajan says steel and finance ministries are working on a package for the steel sector that will be finalized in next two months |
Finance ministry, banks hold meeting on loan recoveryOne of the known problems with the Indian economy at present is the state of the state owned banks. They simply have too much bad debt on their books: too many loans out to people who are not repaying them, have little hope of repaying them and are most unlikely [...] | TradeBriefs Publications are read by over 10,00,000 Industry Executives |
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